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Feb 22, 2013
02/13
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. >> corrupt politicians and new economy with ex-sottic pees of paper, mortgages, and credit default swaps we bought in and, boom, pop goes the weasel. >> how long has the detroit been run by democrats? is it related? >> i hear that a lot. that's the liberals running it into the ground. but the last republican mayor of detroit went to federal prison for corruption. the three county officials in 1942 went to prison. it's our culture. and one detroit democrat running wall street, not one detroit democrat running hall -- haliburton. we are just corrupt cheaters. >> you grew up in detroit and went to work in los angeles and went back to detroit. when you were growing up your mother's flower shop was fire bombed. >> it sure was. it was called devil's night. an orgy of fire and people burning things up. it was for insurance purposes and getting crack heads out of your neighborhood and when that happened my mom said i'm gone. she turned. >> what is detroit going to do? we featured a tape a little while ago where some of the city leaders said time for a washington bailout. >> no. >> that's p
. >> corrupt politicians and new economy with ex-sottic pees of paper, mortgages, and credit default swaps we bought in and, boom, pop goes the weasel. >> how long has the detroit been run by democrats? is it related? >> i hear that a lot. that's the liberals running it into the ground. but the last republican mayor of detroit went to federal prison for corruption. the three county officials in 1942 went to prison. it's our culture. and one detroit democrat running wall...
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Feb 18, 2013
02/13
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>> it disgusts me because you see the economy the way it's going towards. you have the growth rate at 0.1% growth compared to 3.1% growth in the prior quarter. you have social security tax went up like 4.2% to 6.2%. it's hurting americans and we can't afford this. >> peter: you're making more than glenn, but what are your issues in terms of this 2% and in terms of where we're going with our paychecks? >> you ultimately see it in the bottom line. ultimately i heard the griping from my employees. when they saw it in their paychecks. ultimately what you have is obama and pelosi and the democrats are talking about a middle class and ultimately i see the difference between a government class and a middle class. you have obama golfing with tweeze and nancy pelosi saying it's beneath the dignity of congress to take a pay cut. >> peter: what you're saying is there is a permanent government class that these rules don't apply to. that they live a lifestyle that other folks don't have the capacity for. is that right? >> absolutely. >> steve: spencer, you're the presid
>> it disgusts me because you see the economy the way it's going towards. you have the growth rate at 0.1% growth compared to 3.1% growth in the prior quarter. you have social security tax went up like 4.2% to 6.2%. it's hurting americans and we can't afford this. >> peter: you're making more than glenn, but what are your issues in terms of this 2% and in terms of where we're going with our paychecks? >> you ultimately see it in the bottom line. ultimately i heard the griping...
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Feb 20, 2013
02/13
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. >> brian: he proposed it. did he ever think the idea would work? did he always that i deal would be done? we'll report. you decide. >> steve: then desperate times call for desperate measures. move over, calvin klein. the postal service is getting into the fashion industry. we want to see your designs, your ideas. e-mail us. we'll explain it all in a couple of minutes. you're watching "fox & friends" hour two for wednesday. >> gretchen: good morning, everybody. we're all back on the couch together. >> brian: yes, we are. >> gretchen: after president's day weekend. we have a fox news alert to tell you about because the world is waiting to see if oscar pistorius is granted bail today after being charged with the premeditated murder of his model girlfriend. day two of his hearing underway now. earlier police revealed they did find steroids and needles in his bedroom, but his lawyer says it was not for a banned sub
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. >> brian: he proposed it. did he ever think the idea would work? did he always that i deal would be done? we'll report. you decide. >> steve: then desperate times call for desperate measures. move over, calvin klein. the postal service is getting into the fashion industry. we want to see your designs, your ideas. e-mail us. we'll explain it all in a couple of minutes. you're...
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Feb 16, 2013
02/13
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and since 1980, i don't understand, like, why are-- the economy is turning around now and he wants to talk about raising the minimum wage? i mean, it just isn't-- this is not an inspiring reaction to what's going on. >> jon: cal. >> i wrote in a column this week, a higher authority to. and the president, the recycling old ideas. the guys are so deep in the tank with this guy if he came up they'd suffer from the bends. he didn't call the president a liar, but came close to it said all of his claims were fantastic. he mentioned head start. he wants pre-k, 3 to 4, and head start has been shown to be a failure. >> like he's a smart reporter, but, on the show, american conservative which i pointed out the president did talk specifically about alzheimer's and made a point that medical research pays for itself over and over again if we ever want an entitlement spending, caring for the diseases i thought that was fresh and that portion the mentality of just democrats and republicans, that point got lost. >> jon: then there was this. florida senator marco rubio gave the republican response his
and since 1980, i don't understand, like, why are-- the economy is turning around now and he wants to talk about raising the minimum wage? i mean, it just isn't-- this is not an inspiring reaction to what's going on. >> jon: cal. >> i wrote in a column this week, a higher authority to. and the president, the recycling old ideas. the guys are so deep in the tank with this guy if he came up they'd suffer from the bends. he didn't call the president a liar, but came close to it said...
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Feb 19, 2013
02/13
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a lot are because we have a bad economy. >> if you want free stuff you go to work. you don't come here. the "wall street journal" said low income i'm tbrapts -- immigrants are less likely to receive public benefits than low income natives. >> i agree with you. i don't understand this. >> jim, do you understand this? >> i certainly don't, but things are getting heated here. >> i know. >> i love that businesses are now supposed to know the immigration status. but businesses always know. if you pick up your employees in front of a home depot in your pick up truck they are here illegally. if you are paying $3 an hour they are not here legally. >> to be here you have to be sponsored by a business if you are getting a work visa. to get a green card it is extra. >> if you are here illegally. >> they know your status because they are picking you up -- a lot of workers in l.a. especially will stand outside of these home depots and get picked up and do day labor. the cops know they are there and immigration knows they are there. >> they think they are doing day labor when i p
a lot are because we have a bad economy. >> if you want free stuff you go to work. you don't come here. the "wall street journal" said low income i'm tbrapts -- immigrants are less likely to receive public benefits than low income natives. >> i agree with you. i don't understand this. >> jim, do you understand this? >> i certainly don't, but things are getting heated here. >> i know. >> i love that businesses are now supposed to know the immigration...
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Feb 21, 2013
02/13
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that's how bad things are with the economy. and president proposed a $50 billion stimulus practice to rebuild highways and tunnels and fix things with no way to pay for it while doing local interviews so it's relatively frustrating. it's also frustrating that linked-in as joined facebook and others not paying any taxes besides record profits. maybe these guys pay a little bit on their profits? >> people look in and see washington and they are talking about a 2.3% cut and the president is talking about how the sky is falling. remember most americans, by a gigantic margin, think we have a spending problem in this country. you say washington is on a spending binge. so going forward, once it hits, and it will his on march 1, how many people are going to actually be sympathetic? >> the amazing thing is the president's approval rating is the highest since 2009. >> that's the cognitive disdense. one of the things, of course, that really affects the economy and how you feel about it, gas prices. have you noticed that they are really hi
that's how bad things are with the economy. and president proposed a $50 billion stimulus practice to rebuild highways and tunnels and fix things with no way to pay for it while doing local interviews so it's relatively frustrating. it's also frustrating that linked-in as joined facebook and others not paying any taxes besides record profits. maybe these guys pay a little bit on their profits? >> people look in and see washington and they are talking about a 2.3% cut and the president is...
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Feb 19, 2013
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they could bring the economy to its knees. >> exactly. it's pretty funny that the president, time and again, has said, well, we don't fear china's peaceful rise. i mean, china, of course is going to appear -- it's just looking out for china's best interest. when you're as rich as china is today, there is a lot of things you can do beyond just buying real estate in the big apple. >> gretchen: the question that is begged to be asked f china is doing this through their military, is it a good time for us to be cutting back then on our military spending to try and fight off things like this? >> well, no. it's not. and it's another reason why it would be best if all parties, all political parties and all political figures were in town actually gotting the job of putting this economy back together done. i mean, glad everyone is taking breaks and on vacation, but i mean, we got a real problem on our hands. we have several crises about to hit this country all at one time. we have things like the tuition debt bomb with all these kids with student l
they could bring the economy to its knees. >> exactly. it's pretty funny that the president, time and again, has said, well, we don't fear china's peaceful rise. i mean, china, of course is going to appear -- it's just looking out for china's best interest. when you're as rich as china is today, there is a lot of things you can do beyond just buying real estate in the big apple. >> gretchen: the question that is begged to be asked f china is doing this through their military, is it...
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Feb 18, 2013
02/13
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it is taking a hatchet hatchete budget when the economy is in a fragile state. the president says look back to the negotiations he was having with speaker boehner. he says a lot of the proposals are still on the table. let's kick the dan down the road a little farther and avoid the sequestration. >> we had a two month delay. >> that is is the way we govern now in washington. one crisis to another. when you come up against the debt ceiling and the fiscal cliff usually we put it off. but i think this is one that is going to cause tremendous damage and the question is with the congress gone for a week when do they have time to negotiate. >> $85 billion out of a $3.5 trillion budget. >> a small percentage but if it affects you. >> and this is going to hurt the economy? >> if you lose your job i think it hurts you don't you think? >> fundamentally the debt that we have at the moment is the bigger problem for the economy and job creation in the private sector. >> chris: let me binge karl in to talk about the sequester and look at the president's state of the union spe
it is taking a hatchet hatchete budget when the economy is in a fragile state. the president says look back to the negotiations he was having with speaker boehner. he says a lot of the proposals are still on the table. let's kick the dan down the road a little farther and avoid the sequestration. >> we had a two month delay. >> that is is the way we govern now in washington. one crisis to another. when you come up against the debt ceiling and the fiscal cliff usually we put it off....
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Feb 19, 2013
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. >> bill: look if the economy continues to be bad you will have a viable candidate in 2016. whether it's rubio or or christie i don't know. >> the republicans are the ones we need to be more rod mod rat. are you kidding me? stop spending our money that we're working hard for. stop putting us in debt. that is pretty moderate idea. >> bill: i think it's all about leadership. now, as you know we broke a big story last week about the department of agriculture hiring a guy from massachusetts to be politically correct. roll the tape. >> i want to say the pilgrims were illegal aliens. pilgrims never gave their passport to the indians. by the way, i don't like the word minority. how about american majority. [ laughter ] >> how about people? i mean, look at what this government is doing. this government under barack obama is hiring people to teach people how to be racist. this is the most incredible thing. we've seen a lot of incredible stuff from our government. usually it's something like maxine waters, you know what this libya is going to do, we're going to socialize your oil comp
. >> bill: look if the economy continues to be bad you will have a viable candidate in 2016. whether it's rubio or or christie i don't know. >> the republicans are the ones we need to be more rod mod rat. are you kidding me? stop spending our money that we're working hard for. stop putting us in debt. that is pretty moderate idea. >> bill: i think it's all about leadership. now, as you know we broke a big story last week about the department of agriculture hiring a guy from...
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Feb 19, 2013
02/13
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without him on the scene, the cuban economy could be in trouble. >> shep: the sky may not be falling but pieces of it have been raining down all over the planet the latest the meteor that shot through the skies over florida. >> i saw a red fireball with a green tail for seven or eight seconds and dissipate in the atmosphere. >> shep: another meteor blasted through the skies around san francisco. the asteroid that came close to the earth, had it hit a city it could have killed a millions of people and a meteor exploded over russia that unleashed a blasted more than 30 times stronger than hiroshima bomb. folks exploring a lake said they found fragments. meteor although police are warning would be buyers should watch for fraud. nasa experts say about hundred tons of space debris hit the earth every day but most of the objects are tiny specks. >>> you can take everything you knew about the moon and forget it. scientists have made a stunning discovery. they analyzed monday rocks that the apollo astronauts retrieved and they said the moon had more water than scientists first realized. that
without him on the scene, the cuban economy could be in trouble. >> shep: the sky may not be falling but pieces of it have been raining down all over the planet the latest the meteor that shot through the skies over florida. >> i saw a red fireball with a green tail for seven or eight seconds and dissipate in the atmosphere. >> shep: another meteor blasted through the skies around san francisco. the asteroid that came close to the earth, had it hit a city it could have killed...
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Feb 18, 2013
02/13
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered monkey-style kung fu? no. priceline is different now. you don't even have to bid. master hahn taught you all that? oh, and he says to say (translated from cantonese) "you still owe him five bucks." your accent needs a little work. legs up, legs up, legs up ! red hot deal days are back. let nothing stop you. good job ! it's red hot deal days. get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the s
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered...
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Feb 19, 2013
02/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. >>. >> bill: bernie segment there was shootout between david gregory and senator john mccain. subject the libyan chaos. >> we have had a massive cover-up. >> susan rice said.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often...
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Feb 19, 2013
02/13
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what about the fact that the economy is doing very well, right? doing pretty darn good and a stock market at almost an all-time high and maybe moving up and spending money on higher end goods. in 2008 when the market-- >> as a nonfox business person can i say look if the economy is doing well, a stock market doing well. and negative growth in the fourth quarter. people look at their wealth and open the 401(k) people and see how. >> megyn: rich people. >> everyone has a 401(k). i think it's how they are doing mentally and retail stocks hitting all time high why? >> because they're in the stock market and the way that normal people live. >> what matt is talking about, what ben bernanke is calling the wealth effect and you feel wealthier and i don't think it's working, in fact, one of the real things, we're watching tv and hit me as all of the these commercials come on. everything was zero. the cars, zero down. zero interest, zero payments. the furniture store, zero interest, zero down payment and we're living in a zero, zero world. >> megyn: and mig
what about the fact that the economy is doing very well, right? doing pretty darn good and a stock market at almost an all-time high and maybe moving up and spending money on higher end goods. in 2008 when the market-- >> as a nonfox business person can i say look if the economy is doing well, a stock market doing well. and negative growth in the fourth quarter. people look at their wealth and open the 401(k) people and see how. >> megyn: rich people. >> everyone has a 401(k)....
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Feb 20, 2013
02/13
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listen. >> or help the economy, won't create jobs. now, congress allowed this meat cleaver approach to take place. it will jeopardize our military readiness, emergency responders like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. thousands of teachers and the educators will be laid off. hundreds of thousands of americans will lose access to primary care, and preventive care like flu vaccinations and cancer screenings. >> but if the president warns of devastating consequences, the wall street journal. chris stirewalt is our news power play live and stuart varney is anchor on the fox business network, great to see you both. stu, let me start with you, because we talked with chris a little about this yesterday. i'm interested in your take because the journal points out that this is a small percentage overall in spending and they say if you look at the history of spending in this country, after world war ii, they say federal spending went from 42% of the gross domest
listen. >> or help the economy, won't create jobs. now, congress allowed this meat cleaver approach to take place. it will jeopardize our military readiness, emergency responders like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. thousands of teachers and the educators will be laid off. hundreds of thousands of americans will lose access to primary care, and preventive care like flu vaccinations and cancer...
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Feb 18, 2013
02/13
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that slows the economy. that makes the job market worse. we need jobs obviously. if the president says yes, go ahead and build the pipeline, you do get jobs. so that's the connection between the pipeline debate, rising gas prices and jobs. it's not that building a pipeline would necessarily bring the price of gas down in the near term. it almost certainly would not. that if you build the pipeline you create jobs that make up for the slowing economy because of high gas prices. circular argument but that's the way it is. jamie: the pushback clearly is in his campaign and inaugural speech he promised clean energy and green-friendly jobs and this could potentially stop him from doing the pipeline. >> well, i don't know about that but, you got to ask, why are gas prices going up right now? the answer has nothing to do with the pipeline. the answer is refineries with very tight supplies of gasoline coming onto the market, refineries are closing for maintenance and closing so that they can switch over to the summer blend of gasoline which we start using in a couple of we
that slows the economy. that makes the job market worse. we need jobs obviously. if the president says yes, go ahead and build the pipeline, you do get jobs. so that's the connection between the pipeline debate, rising gas prices and jobs. it's not that building a pipeline would necessarily bring the price of gas down in the near term. it almost certainly would not. that if you build the pipeline you create jobs that make up for the slowing economy because of high gas prices. circular argument...
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Feb 22, 2013
02/13
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these are harmful cuts with real world consequences that will cost jobs and hurt our economy. >> reporter: the point is the white house now trying to push back, make the political argument of their own that this is going to be really harmful, it's going to hurt the public, there will be long lines at airports. some flights will be canceled, tours shut down for periods of time to deal with the budget cuts. the conservatives have been saying this is a small part of the federal budget and some of the cuts may not be as dire as the white house is playing it out to be. jon: interesting when you break it all down. jenna: ray lahood was talking about the nation's airports in relation to sequester. an airport in cleveland, breaking news, a plane off the runway there, harris? >> reporter: it's hopkins international. it's very slick there. we can take a live look now from our fox affiliate in the cleveland area. we do know that this plane may have hit the slippery conditions. there is a mix wintry precipitation that is falling right now. reports are that united airlines flight has landed already at
these are harmful cuts with real world consequences that will cost jobs and hurt our economy. >> reporter: the point is the white house now trying to push back, make the political argument of their own that this is going to be really harmful, it's going to hurt the public, there will be long lines at airports. some flights will be canceled, tours shut down for periods of time to deal with the budget cuts. the conservatives have been saying this is a small part of the federal budget and...
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Feb 18, 2013
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the device makers are warning this tax will force layoffs, hurt the economy and stifle innovation. steve brown has take an look at it live in chicago, this medical device act that is in effect, went into effect earlier this year, right? 2.3%. doesn't sound like a lot. >> it did. that is on revenue and not profit or earnings. so it really has a larger bite than 2.3%. then you have to factor in what happens in different size companies. for larger companies, they can layoff, and we've seen some of that out of the bigger companies. the smaller medical device makers it's a different kind of impact. listen. >> we can't do what some of the big ortho companies have done and just lay people off f. we did that we continue keep up with growth. we can slow down the pace of hiring and sadly what we have to do is to cancel development projects. >> projects like the one that resulted in the ability of bryce libby from warsaw, i indiana to be able to walk. he did this because of a surgical team and innovative new products put together by device manufacturers. these smaller companies say these kind
the device makers are warning this tax will force layoffs, hurt the economy and stifle innovation. steve brown has take an look at it live in chicago, this medical device act that is in effect, went into effect earlier this year, right? 2.3%. doesn't sound like a lot. >> it did. that is on revenue and not profit or earnings. so it really has a larger bite than 2.3%. then you have to factor in what happens in different size companies. for larger companies, they can layoff, and we've seen...
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Feb 17, 2013
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a growing economy that creates bun middle class. one middle class parent can't afford $200 a week. >> and grow opportunities in the middle class for all willing to climb them. this kind of prosperity, broad, shared, built on a thriving middle class. >> when we talk about the middle class, we're actually talking about the definition seems to be unclear recently. middle incomes for people, mississippi coming in at $39,000 or 39,078 the lowest. >> tucker: there's vast economic diversity, a $28 spread between the two. the country didn't look the same the at the all. let's look at the states where we're from. >> clayton: in pennsylvania, my home state. it varies on state. you can't make a blanket middle statement. in pennsylvania middle class an income of $50,000 a year. >> in north carolina, my home state tar, 44,787. >> tucker: in california where i grew up, 56,074. this will change if that falls apart. in rick's home state where everyone is moving from california it arizona, going up. 48,319 bucks. and people don't make that exact fig
a growing economy that creates bun middle class. one middle class parent can't afford $200 a week. >> and grow opportunities in the middle class for all willing to climb them. this kind of prosperity, broad, shared, built on a thriving middle class. >> when we talk about the middle class, we're actually talking about the definition seems to be unclear recently. middle incomes for people, mississippi coming in at $39,000 or 39,078 the lowest. >> tucker: there's vast economic...